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Mens Custom Clothing Store In Twin Cities For Sale

Minnesota, US
Asking Price:
$850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,295,855
Cash Flow:
$258,554

Men’s clothing store specializing in custom wedding attire, formalwear and business causal located in the Twin Cities. This company has organically become the go-to destination for grooms and groomsmen custom wedding attire. Revenue increased from $879K in 2020 to $1.295MM in 2021 and is up another 25% year-to-date. Projected Adjusted Net Income over $300K. Operation currently outsources $170,000 in tailoring. Enormous potential to bring "in-house." Massive opportunity to expand business within the Minneapolis-St. Paul market. Currently no advertising in place. The business is priced attractively at $850K including all FF&E and a normalized level of inventory. For more information please contact Christopher Lappen or Duane Johnson.

Property Information

Real Estate:

Lease

Lease Terms:

Per Month

Leasehold Rent:

$6,811 per annum

Size in square feet:
3000 sq ft

Business Operation

Reasons for selling:

Other Interests

Trading hours:

Mon-Fri 11am to 7pm, Sat 11am to 6pm

Employees:
2 Full-time, 1 Part-time

Other Information

Support & training:

Negotiable

Inventory / Stock value:
$175,000 - included in the asking price

Contact Calhoun Companies

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